Private rental sector and build to rent residential and urban regeneration specialist Sigma Capital Group has strengthened its team with four new appointments across Manchester, London and Edinburgh. Following Sigma’s acquisition by pan-European private equity specialist PineBridge Benson Elli
Councils will be given powers to ensure short-term lets are safe and meet the needs of their local communities under legislation laid before the Scottish Parliament. Under the legislation, all local authorities will be required to establish a short-term lets licensing scheme by October 2022. Existin
Two applications by former tenants of Glasgow properties made after their landlords failed to place their tenancy deposits into an approved tenancy deposit scheme have resulted in awards of £500 and £6,000 from The First-tier Tribunal for Scotland’s Housing and Property Chamber.
Average rents for two-bedroom properties have increased above inflation in ten out of 18 areas in Scotland compared with 2020, according to official figures from the Scottish Government.
Homelessness charity Crisis has criticised the UK Government for failing to provide effective support for renters following the end of a coronavirus-linked eviction ban in England after new figures revealed that the number of landlord possessions has soared by 207%.
A new report has been published that explores temporary legislation introduced by the UK and Scottish governments to prevent the pandemic leading to a surge in evictions in both the private rented sector (PRS) and the social rented sector. 'The pandemic arrears crisis: Private landlord per
University of Glasgow researcher Andrew Watson highlights the findings from a report, published yesterday, that explores temporary legislation introduced by the UK and Scottish governments to prevent the pandemic leading to a surge in evictions in both the private rented sector (PRS) and t
Scottish factoring business James Gibb Residential Factors has acquired the residential factoring division of Aberdeen-based commercial property consultancy FG Burnett. The acquisition grows the number of properties under management by James Gibb by 3,000 units, taking its total number of managed pr
The owner and landlord of a holiday cottage where a teenager died have been fined after failing to maintain the gas heaters. No annual checks were carried out on the cabinet heaters in Glenmark Cottage, which were also placed in small rooms without enough ventilation.
A surge in demand for property to rent in Scotland has sent available stock levels down almost two thirds in just three months with many prospective tenants around the country having unusual difficulty finding a home, according to the latest property rental report by Citylets.
The residential property letting market in Glasgow and its surrounding areas is “going crazy” with rental prices soaring to record levels, according to Riccardo Giovanacci, the managing director of agency Newton Letting. Mr Giovanacci said that monthly rents were achieving levels t
Scotland’s largest membership organisation for private rented sector (PRS) landlords and letting agents has warned of a shortage of properties available to rent over the winter, increasing pressure on emergency housing provided by councils. The Scottish Association of Landlords (SAL) said its
The Scottish Government has addressed a number of concerns outlined by Scottish Land & Estates (SLE) with changes to the licensing scheme for short-term lets, the rural business body has revealed. Last week, social justice secretary Shona Robison set out “pragmatic
Reducing public liability insurance requirements and the removal of overprovision powers are among a series of “pragmatic and significant” changes to the licensing scheme for short-term lets in Scotland, social justice secretary Shona Robison has said. The changes also include
Housing tribunal awards £2,400 to former tenants of landlord who sold property after claiming he wanted to live in it
The First-tier Tribunal for Scotland Housing and Property Chamber has ordered a Glasgow landlord to pay £2,400 to his former tenants after they applied to the tribunal for a Wrongful Termination Order. Lesley Munro and Grant McNicoll argued that they would not have left the property had they n